What is the first thing I need to know regarding purchase conveyancing in Wokingham?

You may not hear this from too many lawyers but conveyancing in Wokingham or throughout England and Wales is an adversarial experience. Put another way, when it comes to conveyancing there is lots of room for friction between you and other parties involved in the home moving process. For example, the vendor, property agent and sometimes your bank. Choosing a law firm for your conveyancing in Wokingham should not be taken lightly as your conveyancer is your adviser, and is the ONLY party in the process whose interest is to act in your best interests and to keep you safe.

On occasion a third party with a vested interest may try and convince you that it is in your interests to do things their way. For instance, the selling agent may claim to be helping by claiming that your lawyer is dragging his heels. Or your mortgage broker may advise you to do take action that is contrary to your conveyancers recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

My apartment in Wokingham is up for sale and I have a buyer. Does the property lawyer have to be required to be on the Nottingham conveyancing panel in order to deal with repayment of my mortgage?

Ordinarily, even if your lawyer is not on the Nottingham conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently currently.

My colleague recommended that if I am buying in Wokingham I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

This is a search is sometimes included in the estimate for your Wokingham conveyancing searches. It is not a small report of more than thirty pages, listing and setting out important information about Wokingham around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Wokingham Education with plans and statistics, Local Amenities and other useful data about Wokingham.

I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. Wokingham is where the house is located. Can you offer any guidance?

Flying freeholds in Wokingham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wokingham you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wokingham may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

I have been recommended by a number of selling agents in Wokingham to locate a property lawyer using your seach tool. Is there a financial upside for Estate Agents to offer your lawyers over another?

We don’t make any referral fee for directing people to this site. We thought it would be too underhand to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.